In case of a recession, an example of a <u>fiscal policy</u> would be Expansionary Fiscal Policy, which consist of tax cutting and/or increased government spending. The tax cut should incentivize people's spending, and thus leading to an increase in AD (Aggregate Demand, the total demand for services and goods) which would also boost GDP (Gross domestic product, the nation's market value of all final goods and services in a given year).
A good monetary policy would be Expansionary monetary policy. This policy relies on the cutting of interest rates to boost AD.
Fiscal and monetary policies are often behind the same results and work with one another to achieve them. The difference lies in this: fiscal policies have to do with taxation and government spending, while monetary policies are related to interest rates.
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German soldiers were Hessians while soldiers who are paid... are mercenaries
Explanation:
I believe the correct answer is A. creation of new countries. Hope it helps
The international debt crisis of early 1982 was precipitated when Mexico could not pay its international debts.
International debt can help countries with their foreign exchange problems and provide funding to those that lack domestic capital, which can help economic development. From the standpoint of each individual nation, a small amount of external debt is acceptable, but when a nation gets seriously "debt-laden," issues start to surface.
In recent years, the International debt has faced significant challenges as a result of the failure of many emerging nations to escape the "poverty trap," which results from explosive population expansion that is not matched by economic growth. These nations frequently do not generate enough foreign cash to even cover annual interest payments, let alone pay off International debt.
Learn more about International debt here
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